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  • #381
  • Edited 12:47pm Aug 10, 2019 12:13pm | Edited 12:47pm
Hi BTM,
I did a little back testing for previous week (29/7/2019 - 2/8/2019) to see the results and also to know the potential trades based on the pairs you shown for this week results. This is the results and I got.
Attached Image
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #382
  • Aug 10, 2019 12:15pm Aug 10, 2019 12:15pm
Quoting ejiexe
Hi BTM, I did a little back testing for previous week (29/7/2019 - 2/8/2019) to see the results and also to know the potential trades based on the pairs use shown the results for this week. This is the results and I got. {image}
However, I have a question regarding AJ trade. Would you have taken that trade considering the fact that the step of the Trend indicator was very steep and the signal arrow came outside the band? If taken it gave +38 pips anyway.

Thanks
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #383
  • Aug 10, 2019 1:17pm Aug 10, 2019 1:17pm
Quoting ejiexe
Hi BTM, I did a little back testing for previous week (29/7/2019 - 2/8/2019) to see the results and also to know the potential trades based on the pairs you shown for this week results. This is the results and I got. {image}

Why do you make a backtest with an repainting indicator ?? you should now that the trend indicator is a heavy repainting, so backtest is useless.
  • #384
  • Aug 10, 2019 3:01pm Aug 10, 2019 3:01pm
Quoting Gregv
{quote} Why do you make a backtest with an repainting indicator ?? you should now that the trend indicator is a heavy repainting, so backtest is useless.
why do you keep going on about this? at least post some examples of relevance to your opinion which is what the OP is doing

https://www.forexfactory.com/showthread.php?p=12424898#post12424898

Can you see the bands shifting"? maybe slightly but why does it matter? you aren't working off signals from 1 week ago
life is a reflection of what we allow ourselves to see
  • #385
  • Aug 10, 2019 6:06pm Aug 10, 2019 6:06pm
Thanks BTM - subscribed.

Will you please consider releasing for MT5?
  • #386
  • Aug 11, 2019 3:45am Aug 11, 2019 3:45am
Hey guys

after looking back at some charts and to optimize results i have found out the following to be the highest probability trades which gives optimum results

the base line when the signal occurs should be near the lowe band in buying and higher band in selling and also you should see the tp2 level inside the bands as i have attached some examples

the signals that come at near upper band for buying and near lower band when selling don't have this high probability

so i would take these signals mentioned above and surely it would be amazing results
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  • #387
  • Aug 11, 2019 3:49am Aug 11, 2019 3:49am
interesting... thanks for your analysis !
  • #388
  • Aug 11, 2019 4:16am Aug 11, 2019 4:16am
Quoting Gregv
{quote} Why do you make a backtest with an repainting indicator ?? you should now that the trend indicator is a heavy repainting, so backtest is useless.
do you know about repainting? repainting means indicators suddenly correcting itself,for example, if trend indicator shows an uptrend, suddenly shows its downtrend,if you can show me that trend indicator suddenly changed the direction from up to down completely , i will give you 1000$ cash.

look at the gbpcad last week,it was an uptrend and we opened buy trade,but market turn around its direction and indicator turned around not changed from uptrend to a downtrend like it was always downtrend,so where is the repainting?

by your knowledge that accusing trend indicator to repaint,market candles is repainting too,its going up and its uptrend suddenly candles going down, candles repainting uptrend here ?

look at here,it is MACD indicator. the macd phase was up and trend was up, suddenly macd phase became down,is it rapainting? or showing the turning around market in that time frame ?

Attached Image



this is how trend indicator works,how repainting works and how market rotation works.

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  • #389
  • Aug 11, 2019 4:23am Aug 11, 2019 4:23am
Quoting alhalawi
Hey guys after looking back at some charts and to optimize results i have found out the following to be the highest probability trades which gives optimum results the base line when the signal occurs should be near the lowe band in buying and higher band in selling and also you should see the tp2 level inside the bands as i have attached some examples the signals that come at near upper band for buying and near lower band when selling don't have this high probability so i would take these signals mentioned above and surely it would be amazing results...
good job alhalawi,you are completely right . i left this trick for who is really interested in system and really working with my system.but i give you another trick,look at the trend indicator,when its steps is powerfully up or down,if you had a buy or sell signal and its near to your tp2,you can shift your tp2 to news day tps . here you can earn more pips and nother trick for you,if you have a buy or sell trade and tp2 not hit yet,next day with news tp and sl comes and your trade still open followed by rules and trend indicator,in new day you get new signals same as trade you have open, you can add more to your current trade and final tp is new day tp2 .
  • #390
  • Aug 11, 2019 4:41am Aug 11, 2019 4:41am
Quoting BTM
{quote} good job alhalawi,you are completely right . i left this trick for who is really interested in system and really working with my system.but i give you another trick,look at the trend indicator,when its steps is powerfully up or down,if you had a buy or sell signal and its near to your tp2,you can shift your tp2 to news day tps . here you can earn more pips and nother trick for you,if you have a buy or sell trade and tp2 not hit yet,next day with news tp and sl comes and your trade still open followed by rules and trend indicator,in new day...

Great Bro

will take it step by step
  • #391
  • Aug 11, 2019 5:56am Aug 11, 2019 5:56am
Quoting ejiexe
Hi BTM, I did a little back testing for previous week (29/7/2019 - 2/8/2019) to see the results and also to know the potential trades based on the pairs you shown for this week results. This is the results and I got. {image}
very good,with backtest you will understand the behavior of system.
  • #392
  • Aug 11, 2019 6:22am Aug 11, 2019 6:22am
Quoting Gregv
{quote} Why do you make a backtest with an repainting indicator ?? you should now that the trend indicator is a heavy repainting, so backtest is useless.
Unless the OP was referring ONLY to the arrows, there is no repainting.

From post #1
Quote
another advantages is,there is no repaint in my system,when arrow appear wait to current candle closed,when candle closed,no redraw no repaint no back paint
To free Gazans of Hamas, use whatever it takes.
  • #393
  • Aug 11, 2019 6:29am Aug 11, 2019 6:29am
Quoting alhalawi
Hey guys after looking back at some charts and to optimize results i have found out the following to be the highest probability trades which gives optimum results the base line when the signal occurs should be near the lowe band in buying and higher band in selling and also you should see the tp2 level inside the bands as i have attached some examples the signals that come at near upper band for buying and near lower band when selling don't have this high probability so i would take these signals mentioned above and surely it would be amazing results...
alhalawi, nice that you took time to investigate this, but this is already well known from other TMA threads. For example, Extreme TMA thread from 2011. It was clearly discussed that the bands are extreme areas where price will not normally be. So when it reaches a band, it usually very soon moves back towards the middle, and also usually continues past the middle. If the bands are moving upwards, and the bands representing a smaller timeframe also move upward and meet the top line of the higher timeframe band, this is an even stronger indication for selling.
To free Gazans of Hamas, use whatever it takes.
  • #394
  • Aug 11, 2019 7:07am Aug 11, 2019 7:07am
Quoting DrDave
{quote} alhalawi, nice that you took time to investigate this, but this is already well known from other TMA threads. For example, Extreme TMA thread from 2011. It was clearly discussed that the bands are extreme areas where price will not normally be. So when it reaches a band, it usually very soon moves back towards the middle, and also usually continues past the middle. If the bands are moving upwards, and the bands representing a smaller timeframe also move upward and meet the top line of the higher timeframe band, this is an even stronger indication...
all bugesare filtered here by TIPS and rules . read them all to understand how to use correctly trend indicator which is on higher timeframe and we trade on m15.
  • #395
  • Aug 11, 2019 7:08am Aug 11, 2019 7:08am
Quoting DrDave
{quote} Unless the OP was referring ONLY to the arrows, there is no repainting. From post #1 {quote}
arrows wont repaint at all.it may comes and goes on a current candle but if candle closed and arrows was there,its impossible to vanish.
  • #396
  • Aug 11, 2019 9:59am Aug 11, 2019 9:59am
Hello Btm thank you for sharing the system. Can you add another higher time frame for more confirmation the trend other than h4. For example The system can work on m15 by confirming h4 and d1 together.
  • #397
  • Aug 11, 2019 10:12am Aug 11, 2019 10:12am
Quoting Metac
Hello Btm thank you for sharing the system. Can you add another higher time frame for more confirmation the trend other than h4. For example The system can work on m15 by confirming h4 and d1 together.
load again trend indicator and put 1440 in setting for daily trend .
  • #399
  • Aug 11, 2019 1:10pm Aug 11, 2019 1:10pm
Looking forward to your dashboard that will monitor all currencies. Any idea if or when it will be available?
  • #400
  • Aug 11, 2019 2:31pm Aug 11, 2019 2:31pm
Quoting alhalawi
Hey guys after looking back at some charts and to optimize results i have found out the following to be the highest probability trades which gives optimum results the base line when the signal occurs should be near the lowe band in buying and higher band in selling and also you should see the tp2 level inside the bands as i have attached some examples the signals that come at near upper band for buying and near lower band when selling don't have this high probability so i would take these signals mentioned above and surely it would be amazing results...
The problem is that the bands move with the price. So the trades that touch the bands will always be the best in backtesting. See

Attached Image

Attached Image


So the bigger the price movement, the more it will go towards the band. If you put the indicator on the M1 chart, you will see how far behind it still lags. You may wanna take a M15 picture and go look back at it after 3-4 days.

Whether you call this repainting, redrawing or readjusting. It is what it is.
Stochastic and Heikin Ashi
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